AGP Executive Report
Last update: 41 minutes agoAI for SMEs: Emirates NBD is turning its digital talent incubator into an AI accelerator for established Emirati-owned small businesses, with hands-on help to test and deploy tools for sales, customer service and back-office work. Startup Funding: Ad-tech firm Journify raised $12 million in a round led by Al Mada Ventures, with Silicon Badia and other regional investors participating; the company says more than 100 businesses use its platform. Egyptian SME Finance: IFC and EBRD are investing a combined $200 million in Banque du Caire’s IPO to expand lending. The bank aims to more than double the number of customers it finances by 2030; Egypt’s small and medium businesses account for over a third of GDP and nearly 40% of jobs. Green Growth: Egypt’s MSMEDA plans an innovation unit and support for SMEs’ green transition, linking business development with sustainability.
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